As Tea Party Koch Brothers Earned An Extra $11 Billion In Recent Years, They Laid Off Thousands (illegal, lawyer)

[sickofnyc]

That means together they went from being worth $31 billion dollars to being worth $42 billion today. David is now the richest man in New York City, and the pair are now on the nation’s top ten list for richest Americans.
However, at a time when the Koch brothers were enjoying spectacular financial gains, Koch Industries laid off well over 2,000 people. Using the same approximate “jobs multiplier” Koch Industries used in its study last week, that means Koch Industries extinguished nearly 8,000 jobs in recent years:

http://www.alternet.org/newsandviews/article/458013/as_tea_party_koch_brothers_earned_an_extra_$11_bil lion_in_recent_years,_they_laid_off_thousands/

Forbes: Koch Brothers Now Worth $50 Billion
http://thinkprogress.org/wp-content/...rs_fortune.png


Trickle down my a$$!

[lifelongMOgal]

So it would seem they share something in common with Obama's job Czar: Jeffery Immelt of GE. Only, I'm betting that unlike GE, that Koch Industries actually paid taxes.

[florida.bob]

Originally Posted by sickofnyc

http://www.alternet.org/newsandviews/article/458013/as_tea_party_koch_brothers_earned_an_extra_$11_bil lion_in_recent_years,_they_laid_off_thousands/

Forbes: Koch Brothers Now Worth $50 Billion
http://thinkprogress.org/wp-content/...rs_fortune.png


Trickle down my a$$!

That "lack of certainty" really hurts them, imagine where they could be.

[Ecovlke]

Originally Posted by sickofnyc

http://www.alternet.org/newsandviews/article/458013/as_tea_party_koch_brothers_earned_an_extra_$11_bil lion_in_recent_years,_they_laid_off_thousands/

Forbes: Koch Brothers Now Worth $50 Billion
http://thinkprogress.org/wp-content/...rs_fortune.png


Trickle down my a$$!

Where's the jobs??????????????? heheheheh

Tax those beastards.

[walidm]

Originally Posted by lifelongMOgal

So it would seem they share something in common with Obama's job Czar: Jeffery Immelt of GE. Only, I'm betting that unlike GE, that Koch Industries actually paid taxes.

That seems to be a current item of contention and dispute...

Koch Industries Lawyer to White House: How Did You Get Our Tax Information?

So in this country we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax. Some of which are really giant firms, you know Koch Industries is a multibillion dollar businesses. So that creates a narrower base because we've literally got something like 50 percent of the business income in the U.S. is going to businesses that don't pay any corporate income tax.

Source

[HappyTexan]

Originally Posted by Ecovlke

Where's the jobs??????????????? heheheheh

Tax those beastards.

Sorry..corporate tax changes are NOT on the table with this administration.

[lifelongMOgal]

Originally Posted by walidm

That seems to be a current item of contention and dispute...

Koch Industries Lawyer to White House: How Did You Get Our Tax Information?
Source

The question of how the White House got their tax returns is an important one. It is illegal to have them if Koch Industries did not specifically release them. Thanks for pointing out more seemingly corrupt behavior by the White House. Honestly, I had forgotten about reading that some time ago.

[Roadking2003]

Originally Posted by sickofnyc

http://www.alternet.org/newsandviews/article/458013/as_tea_party_koch_brothers_earned_an_extra_$11_bil lion_in_recent_years,_they_laid_off_thousands/

Forbes: Koch Brothers Now Worth $50 Billion
http://thinkprogress.org/wp-content/...rs_fortune.png


Trickle down my a$$!

And your point is ??????

[chucksnee]

So what is GE doing?

Not to throw a wrench in your little useless post but hey...why not....

[NSHL10]

Its a private business not a charity. They can do whatever they want.